4 ms·
Printing more money basically means that people (institutions) closer to the source of money get it cheaper and that effect compounds nastily.
by barrenko 5y ago
Printing more money basically means that people (institutions) closer to the source of money get it cheaper and that effect compounds nastily.
- pwm 5y agohttps://en.wikipedia.org/wiki/Cantillon_Effect https://en.wikipedia.org/wiki/Cantillon_Effect